Navitas Semiconductor Corp

Navitas Semiconductor Corp. engages in the development of ultra-efficient gallium nitride (GaN) semiconductors. Its GaN power ICs integrate GaN power with drive, control and protection to enable charging, power density, and energy savings for mobile, consumer, enterprise, eMobility and new energy markets. The company was founded on August 12, 2020 and is headquartered in Torrance, CA.

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Navitas Semiconductor excels in Q4, eyes revenue doubling in 2023

Navitas Semiconductor delivered strong financial performance in Q4 and full-year 2022, positioning for continued growth in 2023.
Despite challenges in the mobile market and program delays, the company's strategic strengths and opportunities signal long-term potential.
Focus on diversification, innovation, and partnerships is key to navigating market dynamics and driving future success.
With a solid financial position, expanding market opportunities, and improving margins, Navitas is poised for sustained growth and competitiveness.

Navitas Semiconductor Corp surpasses Q1 expectations, eyes growth in EV and industrial markets

Navitas Semiconductor Corp delivered strong Q1 results, highlighted by exceeding guidance and strategic advancements in key markets. The company's focus on next-generation products like GaN and silicon carbide positions it for future success. While facing challenges in maintaining competitive positioning, Navitas has opportunities to leverage its technology in high-growth sectors.

Navitas Semiconductor posts stellar Q2 results, eyes growth opportunities

Navitas Semiconductor reported strong Q2 performance with revenue growth, margin improvement, and a growing customer pipeline, underpinning its market position and growth prospects.
While facing challenges such as margin moderation and cost pressures, the company remains well-positioned to leverage opportunities in electric vehicles, renewables, and mobile markets.
With a focus on innovation and capacity expansion, Navitas is poised to capitalize on the increasing demand for its GaN and silicon carbide technologies, driving future revenue growth and market penetration.

Navitas Semiconductor achieves record Q3 earnings, poised for growth

Navitas Semiconductor Corp delivered exceptional financial performance in Q3 2023, marked by record revenues, improved gross margins, and a strong growth outlook for 2023.
Despite facing challenges in certain market segments and product transitions, the company's strategic focus on new technologies and market diversification positions it well for future growth and industry leadership.
With a robust product portfolio, key partnerships, and a solid financial foundation, Navitas is poised to capitalize on market opportunities, drive innovation, and maintain its growth trajectory in the semiconductor industry.

Navitas Semiconductor excels in Q4 earnings, eyes growth opportunities

Navitas Semiconductor delivered impressive financial results in Q4 2023, surpassing revenue guidance and achieving significant annual revenue growth, with a positive outlook for 2024.
The company's strengths in key markets, innovative technologies, and strategic partnerships position it well for future growth, despite facing challenges in maintaining margins and meeting revenue projections.
With a focus on GaN and silicon carbide technologies, balanced revenue growth across end markets, and opportunities in emerging sectors, Navitas Semiconductor is poised for continued success and market expansion.

Navitas Semiconductor Corp reports stellar Q1 growth, eyes future profitability

Navitas Semiconductor Corp delivered robust Q1 results with substantial revenue growth attributed to GaN technology adoption. While facing challenges in operational losses and moderated growth expectations for 2024, the company remains optimistic about future revenue prospects and profitability milestones. Navitas is strategically positioned to capitalize on market opportunities and drive continued innovation in GaN technology applications.

Navitas Semiconductor reports robust Q2 growth across key markets

Navitas Semiconductor Corp delivered strong Q2 results, meeting revenue guidance and showcasing a 40% year-on-year increase. The company's focus on GaN and silicon carbide technologies is driving growth across key markets, including AI data centers, electric vehicles, and mobile fast charging.
Despite facing challenges in a competitive industry landscape and operational complexities, Navitas' technological leadership, strong customer relationships, and strategic design wins position it for continued success. The company's emphasis on efficiency and innovation bodes well for future growth and market expansion.
Navitas Semiconductor has a range of opportunities to capitalize on, from expanding in the AI data center and electric vehicle markets to diversifying revenue streams in appliance and industrial segments. By leveraging its strengths and addressing challenges effectively, Navitas is poised to sustain its revenue growth and market leadership.

Navitas Semiconductor Corp achieves record Q3 revenue amidst market challenges

Navitas Semiconductor Corp's Q3 performance reflects strong revenue growth and strategic advancements in key markets. While facing near-term challenges, the company is focused on optimizing costs and capitalizing on growth opportunities in mobile, EV, and AI data centers. With a clear market focus and strategic partnerships, Navitas is poised for future growth.

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TORRANCE, Calif., April 24, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor (Nasdaq: NVTS), the only pure-play, next-generation power semiconductor company and industry leader in GaN power ICs and SiC technology, today announced that it will report first quarter 2024 financial results after the market close on Thursday, May 9th, 2024. Management will host a conference call and live webcast to present the company's financial results and answer questions from the financial analyst community at 2:00 p.m. Pacific / 5:00 p.m. Eastern that same evening.

Navitas Semiconductor to Report Q1 2024 Financial Results on Thursday, May 9th, 2024

Navitas' GaN technology drives Virtual Forest's solar-powered irrigation pumps, ensuring food security and empowering Indian farmers struggling with long-distance electrical cables or costly, polluting diesel generators Navitas' GaN technology drives Virtual Forest's solar-powered irrigation pumps, ensuring food security and empowering Indian farmers struggling with long-distance electrical cables or costly, polluting diesel generators

Navitas & Virtual Forest Join Hands to Advance Net-Zero in Agriculture

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Navitas Semiconductor is still a buy, with potential for acceleration in FY25 as adoption ramps up in late 2024.

Navitas Semiconductor: End Market Demand Continues To Be Strong

Next-gen power semiconductors enable robust, efficient, grid-connected applications as part of a $1.3 trillion electrification opportunity Next-gen power semiconductors enable robust, efficient, grid-connected applications as part of a $1.3 trillion electrification opportunity

Navitas Delivers Grid-Connected Energy with 3.3 kV SiC and Bi-directional GaN ICs at PE International 2024

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Navitas Semiconductor Corporation provides leading-edge GaN and SiC components for power electronics, a large and rapidly growing market. Revenue grew 109% in 2023, and 60% in 2022. Management has done an exemplary job of growing the company.

Navitas Semiconductor: Technology, Markets, Management

Next-gen GaN and SiC power electronics enable ultra-fast charging for mobile, EV and industrial applications Next-gen GaN and SiC power electronics enable ultra-fast charging for mobile, EV and industrial applications

Navitas “Electrify Our World™” at Asia's Premier Charging Expo

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Navitas Semiconductor is the market leader in gallium nitride components, which are used in fast chargers for smartphones. The company recently acquired GeneSiC Semiconductor to expand its presence in the silicon carbide market. Navitas expects significant revenue growth and a decrease in operating losses, with analysts predicting revenue of over $113 million this year and $202 million next year.

Growth, Market Leadership Portend A Bright Future For Navitas

AI data centers demanding 3x power increase creating a significant industry challenge AI data centers demanding 3x power increase creating a significant industry challenge

Navitas GaN and SiC Technologies to Enable Next-Gen AI Power Delivery

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Navitas Semiconductor Corporation (NVTS) Q4 2023 Earnings Call Transcript

Navitas Semiconductor Corporation (NVTS) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.06 per share a year ago.

Navitas Semiconductor Corporation (NVTS) Reports Q4 Loss, Tops Revenue Estimates

Posts Q4 revenue of $26 million, up 111% year over year and 19% sequentially Delivers $79.5 million full year revenue, up 109% from prior year Significant new wins in AI data centers, home appliances, solar inverters and internet satellite drive growth outlook for 2024 TORRANCE, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Navitas Semiconductor Corporation (Nasdaq: NVTS), the industry leader in next-generation power semiconductors, today announced unaudited financial results for the fourth quarter and full year ended December 31, 2023.

Navitas Semiconductor Announces Record Fourth Quarter and Full Year 2023 Financial Results

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Next-gen gallium nitride (GaNFast™) technology enables “Super-Fast Charging” (SFC) Next-gen gallium nitride (GaNFast™) technology enables “Super-Fast Charging” (SFC)

Navitas Powers Samsung Galaxy S24 with Integrated AI

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A decade (2014-2024) of pioneering power semiconductor inspirations and introductions, with record financial growth, on a mission to “Electrify Our World™” A decade (2014-2024) of pioneering power semiconductor inspirations and introductions, with record financial growth, on a mission to “Electrify Our World™”

Navitas Celebrates Ten Years of Electrifying Next-Gen Power Innovations

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Navitas Semiconductor showcased its superior SiC technology compared to competitors, offering better performance and reliability. The company demonstrated its investments and strength in the data center and EV segments. Navitas grew its customer pipeline by 65% to $1.25 billion as of December 2023, with strong growth across multiple segments.

Navitas Semiconductor: Strong Growth Underpinned By Growing Pipeline

Navitas Semiconductor reported impressive YoY revenue growth of 109.8% and expects further growth in the next quarter. The company has a $1.25 billion pipeline of upcoming production programs, indicating strong momentum and expansion into key sectors. GaN technology can enhance the efficiency and density of power supplies in data centers, presenting a significant opportunity for Navitas.

Navitas: A Leader In GaN Technology For The Data Center

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News for Navitas Semiconductor Corp Stock (NVTS)